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>> i think that -- i have so much respect and admiration for hillary clinton, secretary clinton has done an amazing job as secretary of state. i know she's earned and deserves and looking forward to the well-earned rest she's planning to take and she's an incredible leader who has a tremendous future as a leader of the united states of america. >> well, if you looked at the video that introduced her at the forum on friday night here, a the lot of people are suggesting that well-earned rest is only going to be a prelude to something else down the road and not -- >> we'll give her a little time to rest and then i'm sure that she'll be pressed into service and knowing secretary clinton, i'm sure she doesn't plan to rest very long. >> thanks very much. >> thank you. >> thank you, congresswoman. >> and coming up next, why won't the president sit down with john boehner? more from that new interview with president obama, next. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request sou
>> i think that -- i have so much respect and admiration for hillary clinton, secretary clinton has done an amazing job as secretary of state. i know she's earned and deserves and looking forward to the well-earned rest she's planning to take and she's an incredible leader who has a tremendous future as a leader of the united states of america. >> well, if you looked at the video that introduced her at the forum on friday night here, a the lot of people are suggesting that...
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members of president clinton's economic team, people like bob rubin and larry podesta, have put their name to a plan that calls for $200 billion more in tax revenue than even the president is asking. for more now we have with us william cohen in new york, a columnist for the bloomberg view, and clarence page, a columnist for "the chicago tribune." welcome to both of you. clarence, one thing this makes plain is democrats are feeling confident in a fiscal cliff win. why not ask for more? >> well, they're certainly asking for more than president obama is asking, and that is the point here. they feel that the policies of the clinton era that gave us the prosperity that we saw back then would be good to impose now. they are really calling for a different kind of arrangement pushing for a simplification of the tax code that would include taxes on cigarettes and alcoholic beverages which would cross income lines, those kind of consumer taxes hit lower income tax people -- taxpayers as well as upper, and they want to get rid of the amt, that automatic tax that's designed to make sure that old
members of president clinton's economic team, people like bob rubin and larry podesta, have put their name to a plan that calls for $200 billion more in tax revenue than even the president is asking. for more now we have with us william cohen in new york, a columnist for the bloomberg view, and clarence page, a columnist for "the chicago tribune." welcome to both of you. clarence, one thing this makes plain is democrats are feeling confident in a fiscal cliff win. why not ask for...
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according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an international endorsement four years in advance of the iowa caucus. >> okay. new jersey governor chris christie is asking for 100% reimbursement from the federal government for the costs of emergency response the state faced in the wake of hurricane sandy. christie said in a letter to fema that the economic damage in his state could top $40 billion. he also plans to couple to washington to press his case later this week. both christie and new york governor andrew cuomo are asking for full compensation for their state's efforts. the white house is also expected to ask for more money. >>> and just one month after th
according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an...
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brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ende
brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>>...
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this is the home of the clinton presidential library, and maybe the hilary clinton presidential library. >> stephanie: oh, i hope so. i was just talking to somebody about that yesterday. >> caller: when are you coming down here, we have a lot of liberals down here. >> stephanie: yes, i have never been to the clinton library. >> caller: well, come on down. what i wanted to point out, and it has already been said here before, basically -- the republicans are trying to throw grandma and grandpa under the bus because of the $3 trillion war debt. >> stephanie: yeah. >> caller: this is what this is somebody. americans claim to be patriotic, and so many of us wanted to go to war after 9/11 then why don't we have a surtax on the bottom of our income tax reform so we can all pay, but people like mitt romney should be paying more also. >> stephanie: absolutely. >> all of the politicians who supported the iraq war should be paying more. >> stephanie: there you go. and by the way -- >> i am not one of your fans! >> stephanie: sexy liberal hal sparks and spongebob square pants on the big show tomorr
this is the home of the clinton presidential library, and maybe the hilary clinton presidential library. >> stephanie: oh, i hope so. i was just talking to somebody about that yesterday. >> caller: when are you coming down here, we have a lot of liberals down here. >> stephanie: yes, i have never been to the clinton library. >> caller: well, come on down. what i wanted to point out, and it has already been said here before, basically -- the republicans are trying to...
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the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. higher taxes hurt economic growth. people say it doesn't hurt it and they are saying of all the possible answers i will pick the extreme one, which is zero. what is most iportant? millions are out of work, we have incomes that have not grown but they have fallen. i would think growth is the priority. >>neil: is that going do mean more dividends next year to make up for the tax hit they will face? will they still cash out with the dividends? isn't that going do lead to a market tank? >>guest: one of the things, what we are seeing right now is the first evidence that companies' investors know the fiscal cliff is coming and when we get closer that is when the market will tank. >>neil: take your money and run. >>guest: for political pumps folks are willing to go over. that is dangerous much next year if we go o
the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. higher taxes hurt economic growth. people say it doesn't hurt it and they are saying of all the possible answers i will pick the extreme one, which is zero. what is most iportant? millions are out of...
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we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a year over the next ten year, twice as much as you could from allowing the bush tax rates to lapse. why the income tax system is overburdened in the united states. we use it too much. we should be looking at other taxes. we can't do it in 29 days. why are we doing it in 29 days? >> but the president ran on >> the republicans must agree to higher tax rates on well off americans. all the way to the 39.6 that the president, they have to. that's the ticket for admission because the president won the election and campaigned on that. the democrats are going to have
we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you...
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clinton is retiring as secretary of state. that's your 5@5:00. >>> the ball is back in president obama keerts. house republicans unveiling a bold proposal to avoid a so-called fiscal cliff. the white house didn't waste any time attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rate
clinton is retiring as secretary of state. that's your 5@5:00. >>> the ball is back in president obama keerts. house republicans unveiling a bold proposal to avoid a so-called fiscal cliff. the white house didn't waste any time attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's...
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secretary of state clinton said this about the possible use of e emical weapons. >> this is a red line for the united states. i'm not going to telegraph in any specifics what we would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people but suffice it to say we are certainly planning to take action if that eventuality were to occur. >> reporter: seizing the chemical weapons and agents would require putting up to 75,000 troops on the ground. a massive operation that u.s. officials say is only likely to happen if and when assad falls. preventing assad from using his weapons would require air strikes against sights defended by russian-made anti-aircraft missiles. for now, the obama administration is backing up its public warnings by sending private messages to assad through one of his few remaining allies, russia. >> pelley: david, thank you. the assad dictatorship has ruled syria for more than 40 years. the syrian people rebelled last year and it's been open warfare ever since. it's extremely hazardous for reporters to
secretary of state clinton said this about the possible use of e emical weapons. >> this is a red line for the united states. i'm not going to telegraph in any specifics what we would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people but suffice it to say we are certainly planning to take action if that eventuality were to occur. >> reporter: seizing the chemical weapons and agents would require putting up to...
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former chief of staff of bill clinton. john has to leave us early. we have the director of the urban institute's tax policy center. we'll see if you two disagree on anything. we have will marshal from the progressive policy institute. we have senator bob packwood from oregon, former chairman of the senate finance committee, part of the 1986 negotiations. and the other folks here have been part of the conversation. my only message to the new arrivals, please jump in whenever you see fit. we have an hour to an hour and a half. if you hear something you want to weigh in on, don't wait for me. we're talking now about the other very small issue in this issue and that is tax policy and how best to put the nation on a sustainable fiscal path. the question of revenue, how much, where to get it, the options on the table and would like your thoughts. as you heard from chairman bachus. they need ideas to bridge this gap because we appear to be at a stale mate. i turn it over to john to get your thoughts knowing he has to leave and the center for american progre
former chief of staff of bill clinton. john has to leave us early. we have the director of the urban institute's tax policy center. we'll see if you two disagree on anything. we have will marshal from the progressive policy institute. we have senator bob packwood from oregon, former chairman of the senate finance committee, part of the 1986 negotiations. and the other folks here have been part of the conversation. my only message to the new arrivals, please jump in whenever you see fit. we have...
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he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average american family has taken a terrific hit. the median household income for years ago when the president became the president was around $54,000 a year and is about 50 now. so this portion of the population which is gotten squeezed tremendously i don't think adding an extra tax at the 98 percent is going to, number one, be very helpful to the more helpful to the economic growth. number two it's how much you want the folks to pay? so again, freezing those tax rates with an overwhelming majority of americans is a smart thing to do, we ought to do it and both sides say they want to. >> host: and you said ea
he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average...
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going back to the clinton tax rates, remember, the average american family has taken a hit. median income four years ago was $54,000 a year. it is about $50,000 a year now. this portion of the population has been squeezed. adding taxes on 90% will not be helpful. how much do you want folks to bear? freezing those tax rates for the overwhelming majority of americans is a smart thing to do. host: you said fight later on. guest: the fight would start the next day. we could do what i'm talking about, and negotiations could continue. doing what i'm talking about does not violate what either side is fighting over. they both say this is something we want to do. why not make sure we do not have some last-minute failure at the end of december. guest: what gives you confidence that democrats would agree later on? guest: this is where i disagree with some of my colleagues. they seem to think the american people are leveraged, and this is the democrats leverage. our leverage is in the spending and entitlement issues. the president and his negotiators are smart and able people. they know
going back to the clinton tax rates, remember, the average american family has taken a hit. median income four years ago was $54,000 a year. it is about $50,000 a year now. this portion of the population has been squeezed. adding taxes on 90% will not be helpful. how much do you want folks to bear? freezing those tax rates for the overwhelming majority of americans is a smart thing to do. host: you said fight later on. guest: the fight would start the next day. we could do what i'm talking...
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we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-income brackets will have to pay more, but i think we're willing to do that. >> stephanie: i don't think it's a preferable thing to go off of the cliff, but the more and more you see republicans have not changed one bit from their obstructionist ways i think, yeah, maybe. >> caller: it doesn't mean that starting january, the world will come to an end. >> caller: yeah, it's gradual. >> caller: and if you ask the people -- fortunately i live in texas, so the previous president i didn't -- i agree with a lot of times, but i will just say that he never asked us to sacrifice anything. he told us to go shopping. >> stephanie: yeah. >> caller: that is -- it's crazy. >> stephanie: exactly, unless you cut a [ inaudible ] for that last pair of [ mumbling ] shoes. >> stephanie: i should have picked an easier to pronounce shoe. >> keds. [ laughter ] >> stephanie: this is the headlines. they really have not -- they presented another budget where
we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-income brackets will have to pay more, but i think we're willing to do that. >> stephanie: i don't think it's a preferable thing to go off of the cliff, but the more and more you see republicans have not changed one bit from their obstructionist ways i think, yeah, maybe. >> caller: it doesn't mean that starting...
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they could have left it today with secretary clinton's statement. i think this was a very deliberate point that the president was making. he is fully engaged in this issue. clearly the president's been briefed, he's talking to his cabinet. we should assume that the united states military has continued the operations on the table fully prepared ready to go. there has been talk about the chemical weapons of syria for months, the military has had time to prepare. the administration has been clear, a military option is not where they want to have to go but i think the president's statement makes the point that they will go there if they have to, and i think that's the right message to send. we cannot permit syria to think using their chemical weapons and sarin gas stockpiles is an option for them. >> you make the important point that when the president gets involved, that's a calculated decision and every word he says is carefully reviewed. he said he had a message to assad and those around him. is that a message about future potential war crimes prosec
they could have left it today with secretary clinton's statement. i think this was a very deliberate point that the president was making. he is fully engaged in this issue. clearly the president's been briefed, he's talking to his cabinet. we should assume that the united states military has continued the operations on the table fully prepared ready to go. there has been talk about the chemical weapons of syria for months, the military has had time to prepare. the administration has been clear,...
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restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates street if they should go up some, but do they need to go back where they work? i do not know. lots of ways to increase taxes on rich people, and it may be that a hybrid of marginal tax increases and the kind of base- broadening loophole closing expenditure closing that simpson-bowles proposed should be part of the mix. raising marginal rates does not guarantee you will get your intended target. a very rich people depend more on investment income than on their labour income. if you want to get them -- and this is where mitt romney was able to pay a 14% tax rate on earnings of $14 million -- so if you are trying to get the
restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates street if they should go up some, but do they need to go back...
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mayor clinton? >> probably not. >> new york city is looking for a mayor. >> maybe something with a little more beach front property the next few years before thinking about iowa. >> i don't know. you're watching "starting point." we'll take some guesses. 0 calor? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. point." this just in, a school bus carrying children has crashed into a pole in seminole county, florida. this is from wftv who spoke to the florida highway patrol. troopers told them the children were taken off the bus.
mayor clinton? >> probably not. >> new york city is looking for a mayor. >> maybe something with a little more beach front property the next few years before thinking about iowa. >> i don't know. you're watching "starting point." we'll take some guesses. 0 calor? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. when you take a closer look... ...at the best schools...
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going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only political constituencies that will fight tooth and claw on every deducti deduction, there are some reasons, fairly good reasons why you would want to think twice. you know, are you going to go after home mortgage deduction at a time when the housing industry is trying to get its feet? are you going to go after the exemption on taxation for health insurance? i mean, that's the biggest one, actually. that's like $250 billion a year. but i don't think anybody wants to dive back into that at this point. so, you know, how else are you going to do it? >> arianna, can i just say that -- a
going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only...
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all i can say that benjamin met yahoo was in the hillary clinton video. maybe he's waiting for 2016. thank you for your time tonight. >> thank you eliot. >> e [ ♪ theme ♪ ] >> bill: hey, good morning everybody. what do you say? it is tuesday, december 4. so good to see you today. welcome to the "full court press" here on current tv. your new progressive morning show. the only progressive morning show anywhere on cable television in this country. good to have you with us this morning. we will tell you -- bring you up to date on all of the latest news of the day and take your calls at 1-866-55-press. and word is out this morning that roger ails told david petraeus when he was still in iraq that he should quit and run for president of the united states against barack obama and if he did so, roger ails said he would quit fox news and run his campaign. how about it. don't tell me fox news is not the broadcast arm of the republican party. that proves it! all right. we'll get into that and a whole lot more here. first we get the latest current news update fr
all i can say that benjamin met yahoo was in the hillary clinton video. maybe he's waiting for 2016. thank you for your time tonight. >> thank you eliot. >> e [ ♪ theme ♪ ] >> bill: hey, good morning everybody. what do you say? it is tuesday, december 4. so good to see you today. welcome to the "full court press" here on current tv. your new progressive morning show. the only progressive morning show anywhere on cable television in this country. good to have you...
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. >> new york mayor michael bloomberg reportedly wants hillary clinton to be his successor. several newspapers reporting the mayor called the secretary of state months ago and urged her to run in 2013 and he's convinced she would win. calling her a perfect fit. mrs. clinton reportedly told mayor bloomberg that she's not interested. >>> all right a renewed appeal for the release of an american prisoner in cuba. 63-year-old alan gross is beginning his fourth year of a 15-year sentence on the island. the u.s. state department issued a new statement calling for his release. gross says he was there in an effort to connect cuba's small jewish community to the internet. the cuban authorities said he was using imported sensitive communications equipment to connect dissidents. >>> two virginia tech football players have been suspended from the team. they're charged with manufacturing and detonating an explosive device. police say 20-year-old joshua trimble and 19-year-old brian roadie were arrested sunday after a small explosion near an apartment building. no one was hurt. an attorne
. >> new york mayor michael bloomberg reportedly wants hillary clinton to be his successor. several newspapers reporting the mayor called the secretary of state months ago and urged her to run in 2013 and he's convinced she would win. calling her a perfect fit. mrs. clinton reportedly told mayor bloomberg that she's not interested. >>> all right a renewed appeal for the release of an american prisoner in cuba. 63-year-old alan gross is beginning his fourth year of a 15-year...
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what i'm not hearing from the president or either from secretary clinton or tony blair is, you know, they talk about the if. what then? any possible scenarios, possible action, i'm not hearing concrete scenarios, are you? >> well, you're not, brooke. i think for a very good reason. they want to stop this before it gets to that. nobody wants to have to strike at syrian chemical weapons plants. if you think about it logically, it is a very tough target. you have to know exactly where it is. you have to strike that hard enough to virtually incinerate all the chemical or biological material there before it escapes into the atmosphere. if those chemical weapons started to go on the move, in artillery shells or bombs, could you chase them all down? and, of course, in syria, much of this material is located or co-located in neighborhoods and towns with civilian populations. so you're putting civilian populations at risk. i think that's why you're hearing the very tough language from washington to nato headquarters. everybody wants this stopped before it even happens, brooke. >> talking abou
what i'm not hearing from the president or either from secretary clinton or tony blair is, you know, they talk about the if. what then? any possible scenarios, possible action, i'm not hearing concrete scenarios, are you? >> well, you're not, brooke. i think for a very good reason. they want to stop this before it gets to that. nobody wants to have to strike at syrian chemical weapons plants. if you think about it logically, it is a very tough target. you have to know exactly where it is....
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and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and
and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat...